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Buhari, 59 World Leaders Agree Sanctions On Looters - Politics - Nairaland

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Buhari, 59 World Leaders Agree Sanctions On Looters by simongonner: 10:55pm On Apr 23, 2016

The Federal Government and 59 other nations will in May sign agreement on the sanctions to be imposed on corrupt political and public office holders.

President Muhammadu Buhari will join 59 other world leaders in the United Kingdom to seal the pact by which any of the 60 countries involved would no longer be a “safe haven” for treasury looters.

Some of the sanctions that may be imposed on culprits include:

travel restriction or denial of entry visa into the 60 countries;
rejection of request for political asylum by corrupt political and public office holders;
likely loss of citizenship;
no more approval of naturalization for any corrupt person;
no establishment of shell companies abroad; and
the corrupt will not be allowed to operate foreign accounts in any of the 60 nations.
The Attorney-General of the Federation and Minister of Justice, Mallam Abubakar Malami, SAN, who spoke exclusively with our correspondent, said the agreement will make it difficult for those stealing public funds in the country to escape abroad or operate slush accounts to stash cash away.

He said: “The administration of President Muhammadu Buhari is stepping up the fight against corruption. I am happy to bring to your notice that Nigeria and 59 other countries will enter into an agreement in May on the imposition of international sanctions against corrupt political and public office holders. This will take place at the 2016 international summit on anti-corruption in the UK.

“At the May summit, these 60 countries will agree on some sanctions against those who steal public funds or launder money.

“Some of these measures are travel restriction or denial of entry into the 60 countries; rejection of request for political asylum by corrupt political and public officers; no more approval of application for naturalization by any corrupt person; and the corrupt will not be allowed to operate foreign accounts in any of the signatory nation to the pact among others.

“The affected countries will also design ways of sharing intelligence on corrupt officers and money launderers. We will all key into this understanding as part of the global action against corruption.

“With this development, there is no hiding place for any public office holder who steals funds in this country.”

Responding to a question, the AGF said: “The President will deliver a keynote address at the May summit. It all borders on the international appreciation of the anti-corruption agenda of this administration.

“In fact, Nigeria is being considered as the 2017 host of the international summit on anti-corruption.”

In the past few years, politically exposed persons in the country and their cronies have stashed looted funds in the UK, US, UAE, Switzerland, France, Seychelles and the Island of Jersey.

Some of the looted funds include $723 million (about N142.43 billion) repatriated from Switzerland in the last 10 years; $200b allegedly stashed in UAE; $480m to be released to the Federal Government by US; £22.5 million (N6.18 billion) recovered from Island of Jersey; and about £400b in Europe, Asia and America.

The Swiss government in March confirmed that it had so far returned $723 million (about N142.43 billion) of stolen funds seized from the family of the late former head of state, Sani Abacha, to the Nigerian government in the last 10 years.

The amount excluded the $321million (about N63.24 billion) which the Swiss authorities recently said it was planning to repatriate to Nigeria.

The Chairman of the Senate Committee on Foreign and Domestic Debts, Senator Shehu Sani, said over $200 billion had been hidden in UAE.

He said: “Over $200 billion are stashed away in Dubai alone. This may represent the monies stolen since in the past 20 years.

“I am not talking about estates and bonds and other securities bought with Nigeria’s stolen money.”


http://saharareporters.com/2016/04/23/buhari-59-world-leaders-agree-sanctions-looters

8 Likes

Re: Buhari, 59 World Leaders Agree Sanctions On Looters by MD45: 11:02pm On Apr 23, 2016
Lies everywhere

15 Likes

Re: Buhari, 59 World Leaders Agree Sanctions On Looters by ogba20: 11:08pm On Apr 23, 2016
MD45:
Lies everywhere
my dear I done tire, today this tomorrow that one. Hmmmmmmm is well

2 Likes

Re: Buhari, 59 World Leaders Agree Sanctions On Looters by shiki(m): 11:10pm On Apr 23, 2016
Pursue them, catch them, and recover it all

48 Likes 3 Shares

Re: Buhari, 59 World Leaders Agree Sanctions On Looters by Nobody: 11:24pm On Apr 23, 2016
What about the number one looter Tinubu and landlord of Lagos State through Alpha Beta

25 Likes 2 Shares

Re: Buhari, 59 World Leaders Agree Sanctions On Looters by buharisbae(f): 11:32pm On Apr 23, 2016
dutchassenboy:
What about the number one looter Tinubu and landlord of Lagos State through Alpha Beta
not just him only the ancestor obj

17 Likes 2 Shares

Re: Buhari, 59 World Leaders Agree Sanctions On Looters by leofab(f): 1:24am On Apr 24, 2016
Gathering of tyrants and vultures..

3 Likes 3 Shares

Re: Buhari, 59 World Leaders Agree Sanctions On Looters by TPAND: 6:16am On Apr 24, 2016
How about that man cliaming he single handedly funded Buhari's campaign Ameachi

20 Likes 2 Shares

Re: Buhari, 59 World Leaders Agree Sanctions On Looters by shotgun22(m): 6:28am On Apr 24, 2016
It's a welcome development. At least they'll have no where to hide our funds. That should discourage them. God help us all.

12 Likes 1 Share

Re: Buhari, 59 World Leaders Agree Sanctions On Looters by DaBullIT(m): 6:37am On Apr 24, 2016
Some people will die screaming Obasanjo , Tinubu, Fashola , and Amaechi




Non of my beewax though grin grin

20 Likes 2 Shares

Re: Buhari, 59 World Leaders Agree Sanctions On Looters by Sweetguy25: 9:03am On Apr 24, 2016
Buhari indeed. . . The same man who said Abacha did not steal. grin grin

Besides, Where will you start from if you want to sanction corrupt political and public office holders in Nigeria? Will you start from the lying president and his corrupt sponsors like Tinubu, Atiku, Obasanjo and Amaechi?

Will you start from the 774 local government chairmen and thousands of councilors, state houses of assembly and state governors?

Will you sanction overpaid national assembly members or corrupt civil servants?? Where will you start from?

The verdict is that 98 percent of Nigerian political officer holders are corrupt and over 60 percent of Nigerian public office holders are corrupt. If you want to sanction these people in Nigeria, you'll end up sactioning the whole country.

8 Likes 1 Share

Re: Buhari, 59 World Leaders Agree Sanctions On Looters by rawtouch: 9:03am On Apr 24, 2016
who their signature epp

1 Like

Re: Buhari, 59 World Leaders Agree Sanctions On Looters by Akshow: 9:04am On Apr 24, 2016
God bless my presido. Ride on sir

14 Likes 1 Share

Re: Buhari, 59 World Leaders Agree Sanctions On Looters by Akshow: 9:04am On Apr 24, 2016
dutchassenboy:
What about the number one looter Tinubu and landlord of Lagos State through Alpha Beta
which court has convicted him of looting?? ?

32 Likes 1 Share

Re: Buhari, 59 World Leaders Agree Sanctions On Looters by snrman(m): 9:05am On Apr 24, 2016
Future looters watch out..well for the past ones Na God save u

1 Like

Re: Buhari, 59 World Leaders Agree Sanctions On Looters by aare07(m): 9:05am On Apr 24, 2016
#istandwithjustice
Re: Buhari, 59 World Leaders Agree Sanctions On Looters by Ijaya123: 9:05am On Apr 24, 2016
How about the man that said he can single-highhandedly bring down the exchange rates?

2 Likes 1 Share

Re: Buhari, 59 World Leaders Agree Sanctions On Looters by dayoungmoney1: 9:05am On Apr 24, 2016
nice one. no place to hide for thieving crooks called politicians

5 Likes 1 Share

Re: Buhari, 59 World Leaders Agree Sanctions On Looters by jackyraw09: 9:05am On Apr 24, 2016
welcome development if yuh ask me.

2 Likes

Re: Buhari, 59 World Leaders Agree Sanctions On Looters by Henrypraise: 9:06am On Apr 24, 2016
Very gud intent, but giv u light n fuel b4 u travel to d moon to sign a pact wit d aliens.

2 Likes 1 Share

Re: Buhari, 59 World Leaders Agree Sanctions On Looters by Agimor(m): 9:07am On Apr 24, 2016
Buhari war against corruption knows no bound. Ride on those behind you are much more than those against you.

19 Likes 2 Shares

Re: Buhari, 59 World Leaders Agree Sanctions On Looters by Ijaya123: 9:07am On Apr 24, 2016
MD45:
Lies everywhere

Do I sense comprehension problem here?

14 Likes 1 Share

Re: Buhari, 59 World Leaders Agree Sanctions On Looters by MzMercie: 9:08am On Apr 24, 2016
Its a good development, at least oda countries will be on d look out

2 Likes

Re: Buhari, 59 World Leaders Agree Sanctions On Looters by dokunbam(m): 9:08am On Apr 24, 2016
Akshow:
God bless my presido. Ride on sir

6 Likes

Re: Buhari, 59 World Leaders Agree Sanctions On Looters by Progressive01(m): 9:08am On Apr 24, 2016
iPod Yoots aka Wailing Cankerworms, una don hear?? cheesy

9 Likes

Re: Buhari, 59 World Leaders Agree Sanctions On Looters by Bodmas06: 9:09am On Apr 24, 2016
ok

5 Likes

Re: Buhari, 59 World Leaders Agree Sanctions On Looters by great664(m): 9:09am On Apr 24, 2016
Corruption Corruption Corruption!!!

The country is sinking faster than we think and you keep fighting corruption on pages of Newspaper, A year pass, No one is in Kuje, kirirkiri or any Prison?

By the way Mr President, Corruption to you only mean embezzling govt fund


What about NEPOTISM?

what about CBN recruitment?

What about Writing false news of hope and denying?

What about Political Violence?

what about increasing electricity tariff and yet NO LIGHT?

what about Hoarding of PMS

what about silence on Agatu massacre, Shia massacres Ipob massacre?

what about silence on Fulani Invaders?

What about China deal and No deal?

what about the Budget controversy?

what about your cabinet silent on amount donated to your wife on book launch? Talk about Transparency!!!
what about resigning/Retiring from ministry the minister has no clue about?


What about What about??

And to see that people will start supporting and disputing this makes me more angry on those who only wish to keep disintegrating us in order to achieve their selfish interest...


Mr. President leave looters and make policies that will flush the looters out themselves. Policies like:

No Government worker or Political office holders should have any investment outside Nigeria shores.

No Citizen of the FRN should own an investment outside Nigeria that is more than 1/4 of what he invested in Nigeria...

Leave Road. leave Rail, leave other sectors and focus on POWER and ensure 24hr supply and see EVERY other thing fall in place even if you increase PMS/Kerosine to N500/Ltr NO ONE will complain when there is 24/7 ....Power supply.

Enforce Politicians not to keep foreign account and investigate those maintaining already.

Investigate the source of Wealth of relatives to any Political officer holders ..

Just these ones will turn Nigeria to Heaven not using Paper to kill embezzlers and creating new one that is ready to embezzle and milk more....

Let those wailers and Zombies start quoting.

6 Likes 2 Shares

Re: Buhari, 59 World Leaders Agree Sanctions On Looters by Nobody: 9:10am On Apr 24, 2016

1 Like 1 Share

Re: Buhari, 59 World Leaders Agree Sanctions On Looters by seyiseni: 9:10am On Apr 24, 2016
Buhari is taking the anti corruption crusade global

5 Likes 1 Share

Re: Buhari, 59 World Leaders Agree Sanctions On Looters by Gabrielwilliams(m): 9:11am On Apr 24, 2016
Good news... Tho some ppl will say this is another excuse for our president to travel, I say it is a welcome development. If corruption is nipped in the bud, every other thing will function and fall into place

6 Likes

Re: Buhari, 59 World Leaders Agree Sanctions On Looters by cindybella101(f): 9:11am On Apr 24, 2016
Hope no government official will come and debunk the story tomorrow lipsrsealed
Re: Buhari, 59 World Leaders Agree Sanctions On Looters by nnadychuks(m): 9:11am On Apr 24, 2016
all buhari needs is fowergrin

1 Like 1 Share

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